Ambev
Beer and beverages · Brazil
Ambev is the largest brewer in Latin America: it brews and distributes Brahma, Skol, Antarctica, Quilmes, Labatt and AB InBev global brands, and bottles Pepsi and Guaraná Antarctica, in 11 countries across the Americas as the Latin American arm of AB InBev.
What makes it different
It runs Brazil’s biggest beer delivery app.
66MZé Delivery ordersFY2025
Zé Delivery takes orders straight from consumers, giving Ambev demand data and a direct channel beside bars and shops.
How big it is
How big is Ambev?
175.8MVolumeFY2025
39,606Employees2025
R$88.2BNet revenueFY2025
How it makes money FY2025
Brazilian beer pays most of the bills.
- Brazil Beer46%R$40.2B
- Latin America South20%R$18.0B
- Central America & Caribbean12%R$11.0B
- Canada12%R$10.3B
- Brazil NAB10%R$8.8B
How the business works
Brew big brands, own the route.
- 1Mass and premium beers
- 2Own distribution network
- 3BEES ordering app
Bars and shops order through Ambev’s own app, so it controls the shelf and sees demand first.
Who owns it
- Interbrew International GmbH (AB InBev)53.6%
- Fundação Antonio e Helena Zerrenner (FAHZ)10.2%
- AmBrew S.à.r.l. (AB InBev)8.2%
CEO: Carlos Eduardo Klutzenschell Lisboa
Who it competes with
Key moments
- 1885Antarctica is founded in São Paulo
- 1999Brahma and Antarctica combine to form Ambev
- 2003Quinsa deal brings Quilmes into Ambev
- 2004Combination with Interbrew creates InBev; Labatt joins Ambev
- 2013Old Ambev merges into Ambev S.A. with one share class
Sources
Every number on this page comes from Ambev's own reports.
Full profile
The rest of the story is in the app.
What Ambev tracks13 metrics
Total volume
Brazil beer volume
Zé Delivery orders
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from4 regions
Brazil
Latin America South
Central America & Caribbean
The full timeline19 moments
2016
2025
2026
Ambev vs Heinekenside by side
Revenue
Profit
People
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